Where is the best place to look for a luxury property for rent in Paraguay

Paraguay, located in south America, has several countries who border on this landlocked country that consists of Brazil to the east and northeast, Argentina to the south and southwest and Bolivia to the northwest.

As the capital city of Paraguay, Asunción is world famous for being one of the oldest cities in South America and is often termed as "the heart of South America," because it acts as a strategic hub for trade, and cross-border commerce in South America.

Paraguay's real estate market tends to be easier to access due to generally lower prices, especially when comparing to like for like properties in Brazil, Argentina, Uruguay, or Chile.

When it comes to property for rent in Paraguay, there are several types depending on your needs, budget, and location.

Residential properties such as apartments or flats can come with 1 to 5 bedrooms and can be furnished and include services like cleaning and the cost of utilities such as water and heat.

Houses come in a variety of configurations such as detached homes which is a standalone property, and usually private, semi-detached houses which are two homes joined side-by-side and terraced houses which are a row of connected homes.


Bungalows are single-story houses, townhouses or row houses are multi-story homes that share walls with neighboring units, and condos (Condominiums) are privately owned units in a building or complex, with shared amenities.

Commercial properties include offices, retail spaces such as shops, warehouses suitable for storage and distribution facilities, industrial units for manufacturing, assembly, or heavy industry businesses.

Other commercial properties also include restaurants or cafés that come with necessary equipment or licenses. Deciding where is the best place to look for a luxury property for rent in Paraguay will depend on your needs, budget, and preferred location.